Siemens / 2nd quarter 2017New record for orders on hand
Siemens has announced its figures for the second quarter of 2017: the company has grown in terms of both sales and order intake. The order backlog has reached a new high.
... Wind Power and Renewables benefited from a very strong increase in the volume of major orders, which included a EUR 1.4 billion order for an offshore wind farm and services in Germany. Sales are also growing in the onshore and service business - particularly in Asia and Australia from a geographical perspective. According to Siemens, the division is characterized by high profitability due to improved productivity, positive effects in connection with the execution of projects, higher capacity utilization and a higher contribution from the service business. A considerable ...